Home web3.0 Covalent Network (CQT) establishes cooperation with the University of Calgary to jointly promote blockchain technology innovation

Covalent Network (CQT) establishes cooperation with the University of Calgary to jointly promote blockchain technology innovation

Feb 14, 2024 am 09:10 AM
Blockchain Blockchain technology

Covalent Network (CQT) announced a groundbreaking collaboration with the University of Calgary to advance blockchain data research and accessibility. The University of Calgary has become the first academic institution to join Covalent Network (CQT) as a validator. This cooperation not only marks the expansion of Covalent Network (CQT), but also further consolidates its commitment to education and innovation in the Web3 field.

Covalent Network(CQT)与卡尔加里大学建立合作,共同推动区块链技术创新

The University of Calgary will serve as a validator and receive staking rewards denominated in $CQT assets, which will be used to support valuable research projects. The Covalent Network (CQT), in partnership with the University of Calgary, has donated 175,000 $CQT tokens (worth approximately CAD $44,000) to demonstrate support for academic pursuits and foster innovation.

Haskayne Business School's renowned finance professor Dr. Alfred Lehar is the leader of this collaboration, and he sees this collaboration as an important step toward Web3 together, not just an academic venture.

Covalent Network (CQT) is further democratizing blockchain data and research opportunities by adding the University of Calgary to the ranks of validators. This initiative is consistent with the Covalent Network’s (CQT) vision to ensure that the benefits of education and research are properly distributed across different academic institutions. The expertise of Dr. Alfred Lehar and his team of research assistants at the University of Calgary will contribute to the development of the Covalent Network (CQT) and provide valuable insights for academic research and student education. This collaboration will further expand the influence of Covalent Network (CQT), making it an important force in promoting innovation in the fields of education and research.

Covalent Network (CQT) co-founder and CEO Ganesh Swami said:

The future of blockchain depends on the immediate availability of real-time and historical data, long-term storage in multiple formats. Dr. Alfred Lehar and his team will help achieve this goal.

Unlocking the Power of Covalent Network (CQT) Unified API

The core of this cooperation is Covalent Network (CQT) Unified API, this powerful tool can seamlessly Access real-time and historical blockchain data. The unified API serves as a portal, providing the university’s researchers, students, and developers with the ability to extract insights from the more than 200 blockchains indexed by the Covalent Network (CQT). Not only does this simplify blockchain exploration, it also provides a standardized basis for accessing historical data.

Covalent Network (CQT) is revolutionizing data availability in academia

Blockchain data, while publicly available, presents challenges in accessing and interpreting it. Dr. Alfred Lehar's team will play a key role in accessing, transforming and making these complex data available in a more user-friendly format. Covalent Network (CQT) will provide users with access to real-time network activity, including transactions, game mission completions and other data points.

Dr. Alfred Lehar, professor at the Haskayne School of Business at the University of Calgary, said: "For us, this is an opportunity to demonstrate this cutting-edge technology to students, develop new economies, and collect data that promotes in-depth research."

As an experienced leader in blockchain finance research, the University of Calgary’s collaboration with Covalent Network (CQT) aims to further explore the intersection of finance and technology. Insights gained from Covalent Network’s (CQT) blockchain data will contribute to ongoing research into how blockchain mechanisms can improve the efficiency of financial institutions.

This collaboration highlights Covalent Network’s (CQT) commitment to decentralizing education, promoting innovation, and ensuring that the global academic community fully leverages the transformative potential of blockchain technology. Together, the Covalent Network (CQT) and the University of Calgary are shaping a future where decentralized knowledge is the cornerstone of academic exploration and advancement.

About Covalent Network (CQT)

Covalent Network (CQT) focuses on blockchain data availability and supports millions of users to build new Economy, since its establishment, Covalent Network (CQT) has continued to help developers, analysts, etc. provide comprehensive, real-time data on more than 200 chains.

About the University of Calgary

Calgary is Canada’s entrepreneurial university. It is located in Canada’s most entrepreneurial city. As a top research university, It is one of the highest-ranking universities among its peers. Since its establishment in 1966, the school has adhered to innovative learning concepts and provided 35,000 students with a rich environment for research, practical experience and entrepreneurial thinking. It is a leader in Canadian startup companies.

The above is the detailed content of Covalent Network (CQT) establishes cooperation with the University of Calgary to jointly promote blockchain technology innovation. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undress AI Tool

Undress AI Tool

Undress images for free

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

PHP Tutorial
1502
276
Solana (SOL Coin) Price Forecast: 2025-2030 and Future Outlook Solana (SOL Coin) Price Forecast: 2025-2030 and Future Outlook Aug 06, 2025 pm 08:42 PM

Table of Contents Solana's Price History and Important Market Data Important Data in Solana Price Chart: 2025 Solana Price Forecast: Optimistic 2026 Solana Price Forecast: Maintain Trend 2026 Solana Price Forecast: 2030 Solana Long-term Price Forecast: Top Blockchain? What affects the forecast of sun prices? Scalability and Solana: Competitive Advantages Should you invest in Solana in the next few years? Conclusion: Solana's price prospects Conclusion: Solana has its excellent scalability, low transaction costs and high efficiency

Which blockchain does USDC stablecoin belong to? Which mainstream link networks do it support? Which blockchain does USDC stablecoin belong to? Which mainstream link networks do it support? Aug 06, 2025 pm 10:45 PM

USDC was first deployed on the Ethereum main network and adopted the ERC-20 standard. It currently supports more than ten mainstream blockchain networks including 1. Ethereum, 2. Polygon, 3. Arbitrum, 4. Optimism, 5. Solana, 6. Avalanche, 7. Base, 8. Stellar, 9. Tron, 10. Near, 11. Algorand, 12. Flow, etc. Each chain version is suitable for different scenarios. Users need to confirm the contract address through the Circle official website to ensure safe use.

Cardano (ADA Coin) price forecast: 2025, 2026 and beyond Cardano (ADA Coin) price forecast: 2025, 2026 and beyond Aug 06, 2025 pm 07:33 PM

Directory What is Cardano? Key Features of Cardano How does Cardano work? Why Cardano deserves to consider price and market performance history 2025 ADA forecast 2025, 2026 and 2027 Price forecasts 2040 and 2030 ADA price forecast Factors affecting ADA costs Chart analysis and technical outlook Cardano Forecast Table: Key points summary As an important force in the cryptocurrency industry, Cardano (ADA) provides cutting-edge blockchain solutions with a focus on sustainability, scalability and security. Cardano is co-founder of Ethereum.

Blockchain browser: a must-have tool for querying digital currency transaction information Blockchain browser: a must-have tool for querying digital currency transaction information Aug 06, 2025 pm 11:27 PM

Blockchain browser is a necessary tool for querying digital currency transaction information. It provides a visual interface for blockchain data, so that users can query transaction hash, block height, address balance and other information; its working principle includes data synchronization, parsing, indexing and user interface display; core functions cover querying transaction details, block information, address balance, token data and network status; when using it, you need to obtain TxID and select the corresponding blockchain browser such as Etherscan or Blockchain.com to search; query address information to view balance and transaction history by entering the address; mainstream browsers include Bitcoin's Blockchain.com, Ethereum's Etherscan.io, B

Blockstream launches Simplicity to bring new alternatives to Ethereum (ETH) Solidity Blockstream launches Simplicity to bring new alternatives to Ethereum (ETH) Solidity Aug 06, 2025 pm 08:45 PM

The rise of a dedicated smart contract programming language for different architectures. Blockstream, led by AdamBack, officially launched Simplicity, a native smart contract language designed for Bitcoin, providing Ethereum's Solidity with a new competitive option. As the creator of Liquid, Bitcoin’s second-layer network, Blockstream has a deep background in the field of encryption, and its leader AdamBack is a key figure in the history of Bitcoin’s development. The Simplicity language released this time aims to introduce stronger programmability into the Bitcoin ecosystem. According to the company's news to Cointelegraph on Thursday, Simplicit

From blockchain to cryptocurrency, a complete analysis of basic concepts From blockchain to cryptocurrency, a complete analysis of basic concepts Aug 06, 2025 pm 11:51 PM

Blockchain is a distributed and decentralized digital ledger technology. Its core principles include: 1. Distributed ledger ensures that data is stored simultaneously on all nodes; 2. Encryption technology, linking blocks through hash values to ensure that data is not tampered with; 3. Consensus mechanisms, such as PoW or PoS, ensure that transactions are agreed between nodes; 4. Decentralization, eliminating single point of control, enhancing censorship resistance; 5. Smart contracts, protocols for automated execution. Cryptocurrencies are digital assets issued based on blockchain. The operation process is: 1. The user initiates transactions and signs digitally; 2. The transactions are broadcast to the network; 3. The miner or verifier verifies the validity of the transaction; 4. Multiple transactions are packaged into new blocks; 5. Confirm the new zone through consensus mechanism

A detailed explanation of triangle arbitrage in the cryptocurrency market A detailed explanation of triangle arbitrage in the cryptocurrency market Aug 06, 2025 pm 08:24 PM

Table of Contents Triangle Arbitrage Introduction Cryptocurrency Triangle Arbitrage Mechanism Challenges: Identifying Opportunities Risks, Ethics and Regulatory Considerations Conclusion Triangle Arbitrage Introduction Triangle Arbitrage is a trading strategy aimed at capturing the temporary price mismatch between the three related assets, thereby achieving nearly risk-free returns. This strategy forms a closed loop by conducting continuous trading between three related trading pairs (such as BTC/ETH, ETH/USDT, USDT/BTC), and takes advantage of temporary imbalance in the exchange rate to make profits. Its essence comes from the basic principle of arbitrage, that is, price correction is carried out when market efficiency is insufficient, while the triangle form increases the complexity of operations through multiple steps of trading. Cryptocurrencies provide more frequent opportunities for triangle arbitrage compared to traditional forex markets. Forex market due to

Smart Contracts - Automatic Execution Protocol on Blockchain Smart Contracts - Automatic Execution Protocol on Blockchain Aug 06, 2025 pm 11:48 PM

Smart contracts are automatic execution programs stored on blockchains. The core is to implement the "if... then..." logic through code to execute protocols in a decentralized and tamper-free way. 1. Write code: define contract logic using languages such as Solidity; 2. Compile: convert the code into machine-readable bytecode; 3. Deploy: publish the bytecode to the blockchain through transactions and generate a unique address; 4. Trigger execution: When the preset conditions are met, the contract will run automatically; 5. Record the result: All operations are permanently recorded on the chain to ensure transparency and verifiability. It solves the trust, efficiency, cost, transparency and execution risks in traditional protocols, and is widely used in DeFi, supply chain, copyright management, voting, insurance and gaming fields.